Item 8.01 Other Events. OnMay 5, 2020 ,Boston Properties, Inc.'s operating partnership,Boston Properties Limited Partnership (the "Company"), completed the issuance and sale of$1.25 billion aggregate principal amount of the Company's 3.250% Senior Notes due 2031 (the "Notes") pursuant to an underwriting agreement datedMay 1, 2020 (the "Underwriting Agreement"), by and among the Company andBofA Securities, Inc. ,Deutsche Bank Securities Inc. ,J.P. Morgan Securities LLC andMorgan Stanley & Co. LLC , as managers of the several underwriters named in Schedule II thereto (the "Underwriters"), whereby the Company agreed to sell and the Underwriters agreed to purchase from the Company, subject to and upon the terms and conditions set forth in the Underwriting Agreement, the Notes. The net proceeds to the Company from the sale of the Notes, after deducting underwriting discounts and estimated transaction expenses, are estimated to be approximately$1.24 billion . The Company intends to use the net proceeds from the offering for the repayment of borrowings outstanding under the Company's unsecured revolving line of credit and general business purposes. Pending such uses, the Company may invest the net proceeds in short-term, interest-bearing deposit accounts. The Notes were issued under the indenture, dated as ofDecember 13, 2002 , between the Company andThe Bank of New York Mellon Trust Company, N.A. (as successor toThe Bank of New York Mellon , formerly known asThe Bank of New York ), as supplemented by Supplemental Indenture No. 21 ("Supplemental Indenture No. 21") dated as ofMay 5, 2020 . The offer and sale of the Notes were registered with theSecurities and Exchange Commission (the "Commission") pursuant to a registration statement on Form S-3 (File No. 333-218460-01) (the "Registration Statement") under the Securities Act of 1933, as amended (the "Securities Act"). The material terms of the Notes are described in a prospectus supplement filed by the Company with the Commission onMay 4, 2020 pursuant to Rule 424(b)(5) under the Securities Act. Copies of the Underwriting Agreement, Supplemental Indenture No. 21 and the form of the Notes are attached hereto as Exhibit 1.1, Exhibit 4.1 and Exhibit 4.2, respectively, and are incorporated herein by reference. The foregoing summaries do not purport to be complete and are qualified in their entirety by reference to the Underwriting Agreement, Supplemental Indenture No. 21 and the form of the Notes. Additionally, in connection with the filing of the Underwriting Agreement, the Company is filing the opinion and consent of its counsel,Goodwin Procter LLP , regarding the legality of the securities being registered as Exhibits 5.1 and 23.1 hereto, respectively, which are incorporated by reference into the Registration Statement. Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit No. Description *1.1 Underwriting Agreement, datedMay 1, 2020 , by and amongBoston Properties Limited Partnership andBofA Securities, Inc. ,Deutsche Bank Securities Inc. ,J.P. Morgan Securities LLC andMorgan Stanley & Co. LLC , as managers of the several underwriters named in Schedule II thereto. *4.1 Supplemental Indenture No. 21, dated as ofMay 5, 2020 , betweenBoston Properties Limited Partnership andThe Bank of New York Mellon Trust Company, N.A. , as Trustee. *4.2 Form of 3.250% Senior Notes due 2031 (attached as Exhibit A to Supplemental Indenture No. 21 filed as Exhibit 4.1 hereto). *5.1 Opinion ofGoodwin Procter LLP as to the legality of the securities being registered. *23.1 Consent ofGoodwin Procter LLP (contained in its opinion filed as Exhibit 5.1 and incorporated herein by reference). *101.SCH Inline XBRL Taxonomy Extension Schema Document. *101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document. *101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document. *101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document. *101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document. *104 Cover Page Interactive Data File (formatted as Inline XBRL with applicable taxonomy extension information contained in Exhibits 101.*). ______________ * Filed herewith.
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